Contemporary labor economics / Campbell R. McConnell , Stanely L. Brue , David A. Macpherson.

Includes bibliographical references and indexes.

Cover --
Title --
Copyright --
About the Authors --
Preface --
Connect --
Acknowledgments --
Contents --
Chapter 1 Labor Economics: Introduction and Overview --
Labor Economics as a Discipline --
The "Old" and the "New" --
Economic Perspective --
World of Work 1.1: Gary Becker: Nobel Laureate --
Overview --
Payoffs --
Chapter 2 The Theory of Individual Labor Supply --
The Work-Leisure Decision: Basic Model --
World of Work 2.1: Work Hours Linked to Pollution --
World of Work 2.2: Labor Supply of Politicians --
Applying and Extending the Model World of Work 2.3: The Labor Supply Effects of Winning a Lottery Prize --
World of Work 2.4: Labor Supply of Florida Lobster Fishermen --
World of Work 2.5: The Labor Supply Impact of the Earned Income Tax Credit --
Chapter 3 Population, Participation Rates, and Hours of Work --
The Population Base --
Becker's Model: The Allocation of Time --
World of Work 3.1: The Changing Face of America --
World of Work 3.2: Video Gaming and the Decline in Labor Supply of Young Men --
Participation Rates: Defined and Measured --
Secular Trend of Participation Rates --
World of Work 3.3: The Power of the Pill World of Work 3.4: Why Do So Few Women Work in New York and So Many in Minneapolis? --
World of Work 3.5: The Opioid Crisis and the Decline in Labor Force Participation --
Cyclic Changes in Participation Rates --
Hours of Work: Two Trends --
World of Work 3.6: Time Stress --
Chapter 4 Labor Quality: Investing in Human Capital --
Investment in Human Capital: Concept and Data --
The Human Capital Model --
World of Work 4.1: Recessions and the College Enrollment Rate --
World of Work 4.2: What Is a GED Worth? --
World of Work 4.3: Higher Education: Making the Right Choices Human Capital Investment and the Distribution of Earnings --
World of Work 4.4: What You Did in High School Matters --
World of Work 4.5: Reversal of the College Gender Gap --
On-the-Job Training --
Criticisms of Human Capital Theory --
World of Work 4.6: College as Country Club --
World of Work 4.7: Is There More to College than Money? --
Chapter 5 The Demand for Labor --
Derived Demand for Labor --
A Firm's Short-Run Production Function --
Short-Run Demand for Labor: The Perfectly Competitive Seller --
Short-Run Demand for Labor: The Imperfectly Competitive Seller The Long-Run Demand for Labor --
World of Work 5.1: Has Health Care Reform Increased Involuntary Part-Time Work? --
The Market Demand for Labor --
World of Work 5.2: Why Has Manufacturing Employment Fallen? --
World of Work 5.3: Comparative Advantage and the Demand for Labor --
Elasticity of Labor Demand --
Determinants of Demand for Labor --
World of Work 5.4: Ahead of the Pack: Veterinary Occupations are Growing Fast --
Real-World Applications --
World of Work 5.5: Occupational Employment Trends --
Appendix: Isoquant-Isocost Analysis of the Long-Run Demand for Labor --
Isoquant Curves

The focus of this textbook is upon labour economics as an applied field of micro and macro theory. The authors assert that labour economics has become a critical part of the core of analytical economics and not merely tangential.